Which industries have seen the most profit increases since September?
Guosen Securities released a research report stating that as the disclosure period for the third quarter earnings report approaches at the end of October, the correlation between stock price and performance is gradually increasing.
Industrial released a research report stating that as the disclosure period for the third quarter reports at the end of October approaches, the correlation between stock prices and performance is gradually increasing. Industries that have seen more upward revisions in profit forecasts since September mainly include: technology (gaming, computer equipment, communication equipment, components), advanced manufacturing (motorcycles, aviation and navigation equipment, household appliance components, batteries), cyclical (precious metals, glass fiber, steel, industrial metals), consumer (beverages, dairy products, condiments and fermented products, education), and financial (securities and insurance, city commercial banks).
The main points from Industrial are as follows:
Entering the trading window for the third quarter reports in October, the effectiveness of investment in prosperity improves. We have calculated the correlation between the ranking of individual stock price changes and the growth rate of performance for each month of the year. It can be seen that as the disclosure period for the third quarter reports at the end of October approaches, the correlation between stock prices and performance is gradually increasing.
Industries that have seen more upward revisions in profit forecasts since September mainly include: technology (gaming, computer equipment, communication equipment, components), advanced manufacturing (motorcycles, aviation and navigation equipment, household appliance components, batteries), cyclical (precious metals, glass fiber, steel, industrial metals), consumer (beverages, dairy products, condiments and fermented products, education), and financial (securities and insurance, city commercial banks).
On the other hand, industries with relatively low growth since September mainly include: aerospace and navigation equipment, minor metals, securities and insurance, education, agricultural chemicals, medical services, white goods, chemical raw materials, and aquaculture.
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